Indiana State Museum Foundation Inc

Organization Overview

Indiana State Museum Foundation Inc, operating under the name Indiana State Museum And Historic Sites Foundation Inc, is located in Indianapolis, IN. The organization was established in 1968. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana State Museum And Historic Sites Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Indiana State Museum And Historic Sites Foundation Inc generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION WAS ESTABLISHED TO PROMOTE AND ASSIST THE INDIANA STATE MUSEUM AND HISTORIC SITES WITH THE OBJECTIVE OF COLLECTING, PRESERVING, AND INTERPRETING INDIANA HISTORY FOR THE BENEFIT OF THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES FINANCIAL SUPPORT FOR THE INDIANA STATE MUSEUM AND HISTORIC SITES. THE SUPPORT PROMOTES EXHIBITIONS AND EDUCATIONAL PROGRAMS HIGHLIGHTING CULTURAL HISTORY, NATURAL HISTORY, ART, AND SCIENCE.


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Board, Officers & Key Employees

Name (title)Compensation
Andrew Dahlem
Vice Chair
$0
Andrew Briggs
Treasurer
$0
Elizabeth Witte
Secretary
$0
William Browne Jr
Board Chair
$0
Cathryn C Ferree
Ceo/president
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$183,992
Fundraising events$0
Related organizations$0
Government grants $1,331,000
All other contributions, gifts, grants, and similar amounts not included above$1,231,207
Noncash contributions included in lines 1a–1f $5,000
Total Revenue from Contributions, Gifts, Grants & Similar$2,746,199
Total Program Service Revenue$0
Investment income $123,065
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $51,774
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,921,038

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Indiana State Museum Foundation Inc has recieved totaling $6,000.

Awarding OrganizationAmount
Cecil A And Mabel Lene Hamman Foundation Inc

Evansville, IN

PURPOSE: GENERAL OPERATING EXPENSE

$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,917,526
Earnings$746,367
Admin Expense$10,567
Ending Balance$2,653,326

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